Kln Logistics Group Limited · HKEX:636
Kln Logistics — FY2024 Earnings Presentation
16 slides from Kln Logistics's earnings presentation, March 2025
Slide 1: Annual Results 2024
ANNUAL BUILDING ONSPRUST KUN
Slide 2: Disclaimer
DISCLAIMER This presentation was prepared for reference and general information purposes only. This presentation is not intended to and does not constitute investment advice, recommendation, invitation or offer to enter into, any agreement to purchase, acquire, dispose of, subscribe for or underwrit
Slide 3: Financial Highlights
FINANCIAL HIGHLIGHTS (in HK$’M) Profit Attributable To © All rights reserved. The Shareholders Revenue Segment Profit IL IFF 1,542 58,274 1,251 1,950 95% 23%* 3%* 39%* Gearing Core Operating Profit Core Net Profit 53.6% 14.4% GROSS NET 2,725 1,357 23%* 12%* Final Dividend 15 HK CENTS PER SHARE * For
Slide 4: Swift Response to Market Changes
SWIFT RESPONSE TO MARKET CHANGES Anchored in Asia with Global Ambition Opportunities • Collaborating with S.F. • Surging Asia demand • Deepening the value chain • Growing need for tailored solutions • Offering tailored solutions and project logistics © All rights reserved. Market Risks Cost Optimis
Slide 5: Revenue By Segment
REVENUE By Segment 58,274 (in HK$'M) 47,408 14,449 YoY Comparison 15,007 Integrated Logistics International Freight Forwarding (in HK$'M) FY23 FY24 YoY 43,825 32,401 Hong Kong 6,936 7,242 +4% Mainland of China 16,263 18,509 © All rights reserved. +14% FY23 FY24 Asia (1) 7,348 8,470 +15% By Region Am
Slide 6: Segment Profit: Integrated Logistics
SEGMENT PROFIT INTEGRATED LOGISTICS By Region Oceania 2% Asia(1) 29% IL Mainland of Hong Kong China 41% 28% © All rights reserved. YoY Comparison (in HK$'M) FY23 FY24 YoY Hong Kong 591 520 -12% • Challenging environment in Hong Kong and the Mainland of China Mainland of China 395 352 -11% (1) Asia 2
Slide 7: Segment Profit: International Freight Forwarding
SEGMENT PROFIT INT’L FREIGHT FORWARDING By Region Oceania Hong Kong 3% 3% EMEA Mainland of 12% IFF China 34% YoY Comparison Americas 31% Asia(1) © All rights reserved. (in HK$'M) FY23 FY24 YoY 17% Hong Kong 50 64 27% Mainland of China 501 668 33% (1) Asia 223 321 44% • A spike in ocean freight rate
Slide 8: Profit Attributable to the Shareholders
PROFIT ATTRIBUTABLE TO THE SHAREHOLDERS (in HK$’M) FY23 FY24 YoY From Continuing Operations • Core net profit 1,214 1,357 +12% • Changes in fair value of investment properties, 9 (10) net of deferred tax © All rights reserved. Profit attributable to the Shareholders and holders of perpetual converti
Slide 9: Cash, Debt & Equity
CASH, DEBT & EQUITY (in HK$’M) As at 31 Dec 2024 17,586 16,756 As at 31 Dec 2023 8,638 8,989 6,687 6,578 © All rights reserved. Cash(2)# Debt(3)# Shareholders’ Equity^ Debt Ratios 31 Dec 2023 31 Dec 2024 EBITDA / Bank interest 6.79x 8.22x Debt / EBITDA 2.6x 2.1x Gearing Ratios 31 Dec 2023 31 Dec 202
Slide 10: ESG Performance Recognised
ESG PERFORMANCE RECOGNISED Accreditations Adopting renewable energy, electric long-haul trucks, and exploring sustainable fuels AA Secured a five-year HK$1 billion sustainability-linked loan in driving sustainability growth © All rights reserved. Climate Change Score B Nurturing employees through WE
Slide 11: Outlook
OUTLOOK • Actively leverage our existing diversified market presence • Deepen the value chain of existing customers and explore business opportunities in other sectors © All rights reserved. • Capitalise on supply chain anomalies and new market trends 10 2024 ANNUAL RESULTS
Slide 12: Thank You
THANK YOU © All rights reserved. 11 2024 ANNUAL RESULTS
Slide 13: Appendix I: Navigating Market Fluctuation
Appendix I : Navigating Market Fluctuation Revenue Growth OpEx % of Revenue 80% 40% 40% 30% 0% 20% 2020 2021 2022 2023 2024 -40% 10% -80% 0% 2020 2021 2022 2023 2024 Sustainable © All rights reserved. KLN International Peers (Avg.) KLN* International Peers (Avg.) Profitability & Healthy Financial St
Slide 14: Appendix II: Consolidated Income Statement
Appendix II : Consolidated Income Statement Year Ended 31 December 2024 2023 HK$’000 HK$’000 Continuing operations Revenue 58,274,404 47,407,559 Direct operating expenses (52,627,332) (42,506,403) Gross profit 5,647,072 4,901,156 Other income and net gains 111,589 86,060 Administration expenses (2,9
Slide 15: Appendix III: Consolidated Statement of Financial Position
Appendix III : Consolidated Statement of Financial Position 2024 2023 HK$’000 HK$’000 ASSETS AND LIABILITIES Non-current assets Intangible assets 5,681,264 5,785,503 Investment properties 2,518,568 2,538,606 Property, plant and equipment 7,022,659 6,986,802 Right-of-use assets 2,850,160 2,543,977 As
Slide 16: Appendix III: Consolidated Statement of Financial Position (Cont'd)
Appendix III : Consolidated Statement of Financial Position (Cont’d) 2024 2023 HK$’000 HK$’000 Current liabilities Lease liabilities 880,498 927,103 Accounts payable, deposits received and accrued charges 10,821,919 8,409,541 Amounts due to fellow subsidiaries 6,329 160 Amounts due to related compan